What Is the 80-20 Rule?
The 80-20 rule, also known as the Pareto Principle, is an aphorism that asserts that 80% of outcomes (or outputs) result from 20% of all causes (or inputs) for any given event. In business, a goal […]
PORTFOLIO CONSTRUCTION
Pay Attention to Your Fund’s Expense Ratio
All mutual funds and exchange-traded funds (ETFs) charge their shareholders an expense ratio to cover the fund’s total annual operating expenses. Expressed as a percentage of a fund’s average net assets, the expense ratio can include various operational […]